1-

A company reported the following information for the 2020 fiscal year:

EBIT................................................ $40

Interest Expense............................... $10

Depreciation expense........................ $10

Tax rate............................................ 20%

Based on this information, what was this companys operating cash flow for the 2020 fiscal year? Your final answer must be in dollars and entered without the dollar sign.

2-

A company reported the following financial information:

Income Statement Information
	Year Ended December 31,
	20X2	20X1
Earnings per share	15	15
Dividends per share	15	15

Other Financial Information
Year Ended December 31,
	20X2	20X1
Sustainable growth rate	0.00%	0.00%

Balance Sheets
	As of December 31,
	20X2		20X1
Total shareholders' equity per share	75.00		75.00

This company has always had and is expected by investors to maintain constant tax rate, number of shares outstanding, return on equity, payout ratio, and sustainable growth rate in perpetuity. This company pays a dividend once per year, in annual increments, with the next dividend expected to be paid in one year. Equity investors have a 6.25% cost of equity (APR with annual compounding). Based on this information, what price to book ratio would you expect this company to have at the end of 20X2?

Please respond to both, I do not need the work just the response